U.S. total energy expenditures, the total amount of money spent directly by consumers to purchase energy, increased for the second year in a row to $1.3 trillion in 2018, according to the latest data in the U.S. Energy Information Administration’s (EIA) State Energy Data System (SEDS). U.S. energy expenditures increased by nearly $200 billion from 2016 to 2018, a 17% increase in real terms, as both energy consumption and average energy prices increased faster than population and gross domestic product (GDP) in the United States.
